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This is EPF trading activities on last week. Buy more than sell, am I right?
20 Aug 2024 4.76mil Acquired
20 Aug 2024 0.78mil Disposed
19 Aug 2024 0.89mil Disposed
15 Aug 2024 0.78mil Acquired
EPF has been trading buy and sell Genetec for weeks like Inari. Besides EPF, try to google search unit trust funds which have holdings of Genetec, there are plenty. Those fund managers can get fired lo if the profit earnings loss. Hehe
Wan, whenever EPF sells, it doesnt mean they are making losses. EPF is our sovereign fund. They don't deal with high risk stocks. Ppl money are at risks here. So, EPF spread their risks. Buy many stocks. Some they make money, some they dont. EPF just bought GENETEC recently starting in May this year. That's why GENETEC price jumped. Now its their opportunity to get their average price lower.
At the same time, these ppl kill each other for money. They want to own GENETEC. Make sure they can dictate where GENETEC go.
This Chan Khai Voon must have a few proxies. He try not to reveal himself here in the market. He and his gang probably got to do with this fall.
When they need money, they ask public. When they are already rich, hell with the public.